19 Jun 2025, 11:55 AM
The fresh capital will be used to boost its presence in southern India, enhance its proprietary credit infrastructure, and expand its lending to underbanked customer segments.
13 Jun 2025, 12:40 PM
The startup has raised $500,000 in a pre-seed funding round led by Indian investor Manit Gupta.
12 Jun 2025, 11:58 AM
Once celebrated for disrupting SME banking with its neobank model, Open’s journey since hitting the $1 billion mark in 2022 has been anything but smooth.
11 Jun 2025, 13:24 PM
Long before modern banks, India had it all — loans, transfers, even metal “credit cards.”
06 Jun 2025, 11:18 AM
This is the first time the central bank has granted a large e-commerce player in India a lending licence.
19 May 2025, 15:53 PM
The latest investment from OeEB raises total commitments in VIRAF to $165 million, moving it closer to its $250 million target.
13 May 2025, 18:57 PM
The Gurugram-based fintech received an in-principle approval from the central bank in April 2024 to operate as a payment aggregator.
08 May 2025, 14:38 PM
The bank's net profit grew to Rs 92.5 crore during the period, from Rs 86.2 crore in FY24.
02 May 2025, 18:27 PM
She succeeds Michael Patra, whose term got over in January this year.
30 Apr 2025, 22:32 PM
In October 2023, the firm had received in-principle authorization from the RBI to operate as a payment aggregator.
10 Apr 2025, 02:27 AM
The Delhi-based digital payments giant received its in-principle approval from the central bank in January 2023.
10 Apr 2025, 01:21 AM
P2P transactions on UPI shall continue to be capped at Rs 1 lakh.
07 Apr 2025, 17:24 PM
Existing investors Softbank and Accel Partners also participated in this round.
06 Apr 2025, 18:33 PM
Federal Bank’s executive director Shalini Warrier has resigned from the bank to pursue an entrepreneurial opportunity.
06 Apr 2025, 17:48 PM
The company has mandated ICICI Securities, UBS Securities India Private Limited and Motilal Oswal Investment Banking as lead managers for the IPO.
04 Apr 2025, 01:39 AM
Existing investors Elevation Capital, Z47, and 3STATE Capital also participated in the round.
02 Apr 2025, 17:06 PM
The Flipkart co-founder has invested Rs 70 crore to set up IIF, that will focus on developing innovative solutions using AI, blockchain, and robotics.
